Advetex Review: AI trading ruse MLM crypto Ponzi
Advetex fails to provide ownership or executive details on its website.
Advetex’s website domain (“advetex.net”), was privately registered on December 13th, 2024.
In an attempt to appear legitimate, Advetex provides a “certificate of incorporation” for Advetex Limited.
As above, Advetex Limited is purportedly registered in New Zealand.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Advetex’s Products
Advetex has no retailable products or services.
Affiliates are only able to market Advetex affiliate membership itself.
Advetex’s Compensation Plan
Advetex affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised passive returns:
- Starter – invest $20 to $1000 and receive 1.5% a day for 15 days
- Classic – invest $1000 to $10,000 and receive 2% a day for 25 days
- Advanced – invest $5000 to $50,000 and receive 2.5% a day for 50 days
- Premium – invest $10,000 to $100,000 and receive 3% a day for 75 days
- Ultimate – invest $20,000 to $200,000 and receive 4.5% a day for 90 days
- VIP – invest $50,000 to $1,000,000 and receive 5.5% a day for 120 days
The MLM side of Advetex pays on recruitment of affiliate investors.
Advetex Affiliate Ranks
There are ten affiliate ranks within Advetex’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Beginner – sign up as an Advetex affiliate
- Partner – generate $25,000 in downline investment volume
- Developer – generate $50,000 in downline investment volume
- Mentor – generate $75,000 in downline investment volume
- Leader – generate $100,000 in downline investment volume
- Top Leader – generate $250,000 in downline investment volume
- Manager – generate $500,000 in downline investment volume
- Top Manager – generate $1,000,000 in downline investment volume
- Director – generate $2,000,000 in downline investment volume
- President – generate $5,000,000 in downline investment volume
Referral Commissions
Advetex pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Advetex caps payable unilevel team levels at ten.
Referral commissions are paid as a percentage of cryptocurrency invested across these ten levels based on rank:
- Beginners earn 6% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on levels 3 and 4
- Partners earn 6% on level 1, 2% on level 2 and 1% on levels 3 to 5
- Developers earn 7% on level 1, 3% on level 2, 2% on level 3 and 1% on levels 4 to 6
- Mentors earn 8% on level 1, 3% on level 2, 2% on level 3, 1.5% on level 4 and 1% on levels 5 and 6
- Leaders earn 9% on level 1, 3% on level 2, 2% on level 3, 1.5% on level 4 and 1% on levels 5 to 7
- Top Leaders earn 10% on level 1, 3% on level 2, 2% on levels 3 and 4 and 1% on levels 5 to 7
- Managers earn 10% on level 1, 4% on level 2, 2% on levels 3 and 4, 1.5% on level 5, 1% on levels 6 and 7 and 0.5% on level 8
- Top Managers earn 10% on level 1, 5% on level 2, 2.5% on level 3, 2% on level 4, 1.5% on level 5 and 1% on levels 6 to 8
- Directors earn 11% on level 1, 5% on level 2, 3% on level 3, 2% on levels 4 and 5, 1% on levels 6 to 8 and 0.5% on level 9
- Presidents earn 12% on level 1, 6% on level 2, 4% on level 3, 2% on levels 4 and 5 and 1% on levels 6 to 10
Rank Achievement Bonus
Advetex rewards affiliates for qualifying at Leader and higher with the following one-time Rank Achievement Bonuses:
- qualify at Leader and receive $1000
- qualify at Top Leader and receive $2500
- qualify at Manager and receive $10,000
- qualify at Top Manager and receive $20,000
- qualify at Director and receive $60,000
- qualify at President and receive $150,000
Joining Advetex
Advetex affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $20 investment.
Advetex solicits investment in various cryptocurrencies.
Advetex Conclusion
Advetex represents it generates external revenue through AI bot trading.
No verifiable evidence of Advetex generating external revenue of any kind is provided.
Furthermore, Advetex’s business model fails the Ponzi logic test.
If Advetex already has trading bots generating 5.5% a day, what do they need your money for?
As it stands the only verifiable source of revenue entering Advetex is new investment.
Using new investment to pay ROI withdrawals would make Advetex a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Advetex of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.